Top management changes are being firmed up to be enforced by the end of this month at the Meralco PowerGen Corporation (MGen), the power generation arm of Manila Electric Company (Meralco), according to highly placed sources. Jaime T. Azurin, president of Global Business Power Corporation, an...
The 50-megawatt solar plant of Power Source First Bulacan Solar Inc. (FPBSI), a subsidiary of Meralco PowerGen Corp. (MGen) has kicked off its commercial operation boosting Meralco's energy supply for the summer months. The power facility, which has been rebranded as BulacanSol, is the first...
Meralco PowerGen Corporation (MGen), the power generation investment subsidiary of Manila Electric Company (Meralco) has completed the acquisition of the shareholdings of affiliate firm Global Business Power Corporation (GBP) on March 31 this year, according to Meralco executives. To partly fund...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company, has acquired 20-percent of the shareholdings held by its Singaporean firm-partner Sunseap in the 50-megawatt PowerSource First Bulacan Solar Inc. (PFBSI) project. With the equity purchase, MGen has...
Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
Consunji-led firm Semirara Mining and Power Corporation (SMPC) has terminated its joint venture agreement (JVA) with Meralco PowerGen Corporation (MGen) for the previously proposed 700-megawatt St. Raphael Power Generation Corporation (SRPGC) in Calaca, Batangas. The deal between SMPC and MGen was...
